LogFAQs > #973134381

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Topic	What's your credit score?
Lokarin 04/28/23 2:05:07 PM #18:	Kyuubi4269 posted... They're not liquid because you can't spend the value of the asset freely, like a free-flowing liquid. That's why "liquidating your assets" is selling them off. You swap the hard asset for a liquid one to pay your debts. ya, i thought there was cash, then liquid assets, and then hard assets (with hard assets being stuff like term deposits and such you can't access ever) --- "Salt cures Everything!" My YouTube: https://www.youtube.com/user/Nirakolov/videos <cite>Lokarin posted [p:973134381] in What's you... [t:80425228]...</cite> <quote>Kyuubi4269 posted... </cite><quote>They're not liquid because you can't spend the value of the asset freely, like a free-flowing liquid. That's why "liquidating your assets" is selling them off. You swap the hard asset for a liquid one to pay your debts.</quote>ya, i thought there was cash, then liquid assets, and then hard assets (with hard assets being stuff like term deposits and such you can't access ever) --- "Salt cures Everything!" My YouTube: https://www.youtube.com/user/Nirakolov/videos</quote> ... Copied to Clipboard!
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